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Meantime, the Anthony Lee compromise agreement resulted in the surrender of Lee's shares in Mountainview Real Estate Corporation. [10] The settlement with Meralco Foundation over the Meralco shares that had been registered under the name of Benjamin Romualdez led to PCGG temporarily gaining control over 22 million Meralco shares. These shares ...
The following government agencies and corporations are attached to the department for policy and program coordination: [6] Home Development Mutual Fund (HDMF, but popularly known as Pag-IBIG Fund) Human Settlement Adjudication Commission (HSAC) National Housing Authority (Philippines) (NHA) National Home Mortgage Finance Corporation (NHMFC)
Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...
By convention, the risk-free interest rate is the yield that the investor can obtain by acquiring financial instruments with no default risk. In practice, finance professionals and academics classify government bonds denominated in the domestic currency of the issuing government as risk free because of the extremely low probability that the government will default on its own debt.
Debt settlement (also called debt reduction, debt negotiation or debt resolution) is a settlement negotiated with a debtor's unsecured creditor. Commonly, creditors agree to forgive a large part of the debt: perhaps around half, though results can vary widely.
Settling your car loan debt can end high payments, but your credit score will drop.
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
The Education Secretary on Thursday announced a settlement of claims that would give roughly 264,000 student loan borrowers approximately $7.5 billion in debt relief.. The settlement resolves a ...